Private sector forecasters say the economy will expand by as little as 3% this year
With rampant inflation, public borrowing rose to 98% of economic output in September
Consumers and sectors are expected to be disproportionately affected
``The worst is yet to come,'' chief economist says
The bleak projections come as central banks around the world raise interest rates to tame inflation
The move could deal the struggling global economy another blow
A surprising number of workers younger than 65 are retiring early
Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures
The pound touched an all-time low against the U.S. dollar on Monday
A lower loonie might make it harder for the Bank of Canada to stem inflation